NegOr Cereal Stocks Drops to 20K Metric Tons on May 2021

Reference Number: 

2021-PR46-012

Release Date: 

24 September 2021

 

 

    Negros Oriental Total Rice and Corn household stocks plummeted to 19,797 metric tons as of 6:00 am on May 1, 2021 from the 20,735 metric ton on the same period in April 2021. The cereal stock level is more than 24.53 per cent lower than the 26,233 metric tons counted in the same period in May 2020. The decrease was influenced by the corn grain sector in which less household retention were noted due to less harvests occurring before the reference period.

    Rice stocks level this month, subsided 11.63 percent against the previous months’ level of 15,690 metric tons. The decline was owed to the declining harvests activity of the province. Rice remained most the provinces’ household cereal stocks during this period.

     This years’ rice stock level compared to same period last year is 31.97 percent lesser due to less palay harvests in the province prior to the survey month. This years’ rice stock level of 13,866 metric tons reported on May 1, 2021, is 6,517 metric tons lesser than the May 1, 2020, level of 20,383 metric tons.

    In terms of corn grains, the current corn stock at 5,931 metric tons this month is 17.59 percent higher from the previous months’ level of 5,044 metric tons due to sporadic harvests in the province. This year, corn stocks level is 1.38 per cent bigger compared to same period in 2020, at 5,850 metric tons. Improvement of area harvested this year compared to last year same period triggered the higher stocking level.

    These figures were the result of the Palay and Corn Stocks Survey 1 (PCSS1), conducted by the Philippine Statistics Authority (PSA) in the province. The monthly survey on farming and non-farming household stocks level intends to generate estimates of the current stocks of rice and corn and is conducted in the first four (4) days of the month with the 1st day of the month as the reference period.

 

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ARIEL T. FORTUITO

Chief Statistical Specialist

 

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